Expecting a major rally in Bitcoin and altcoins, Real Vision co-founder and CEO Raoul Pal made new statements.
Sharing from his X account, Raoul Pal said that Bitcoin and altcoins are still in the bullish zone and are moving towards the “banana zone” period where everything rises.
Banana Zone was a term used by Raoul Pal to describe a period of significant price increases, and the famous name stated that the market was still in an upward cycle and divided the banana zone phase into three.
Stating that the first phase of the Banana Zone period occurred in November last year, Pal said that we are currently in a consolidation phase similar to the 2016/2017 cycle and that the consolidation will not last too long.
Stating that the second phase of the Banana zone period will come very soon, Pal stated that there will be an altcoin season in which everything will rise.
Finally, Pal stated that after this phase where everything is on the rise, the third phase will come and there will be a greater consolidation here.
“Yes, we are still in Banana Country…
Banana Zone phase 1 was the breakout in November last year, now we are in the consolidation phase (like the consolidation in 2016/2017). This consolidation will not last long..
Next is Banana Zone phase 2: This will be the altcoin season where everything goes up.
And finally Banana Zone phase 3: After the peaks, there will be a bigger consolidation.
This is my roadmap to Valhalla.”
*This is not investment advice.
